Assume the movie had flopped and the director lost his entire $750,000 investment. How many crew members would have voluntarily returned their fees to help offset his loss?
This is the fundamental asymmetry in risk and reward. When someone puts up their own capital and shoulders the real financial risk especially in a high-failure industry like entertainment they alone bear the downside.
Yet the moment the project succeeds, suddenly everyone who was paid upfront wants a bigger piece of the pie. The same people who would not have shared in the loss now feel entitled to share disproportionately in the upside.
If you accept payment for your work regardless of outcome, youโve already been compensated for your risk (or lack thereof). Why should the person who risked everything not be allowed to reap the rewards when their gamble pays off?
@jenatlionra You're seeing bias in humanity of the datasets the builders of it choose. The rooms making these decisions aren't diverse and now we can empirically see the damage it can cause
Remember when Musk challenged the World Food Program to explain how he could solve world hunger with just $6 billion, they did, and he just completely ignored them?
Barack could have been a Mamdani but he trusted the system and feared the backlash too much to be the radical we needed
I just realized it would be dope if Barack ran for mayor or Senator somewhere to prove who I hoped he would have been ๐ฅ
@BootsRiley Democracy got us Trump in the White House, we need intelligence, organizing and movements to help make this a reality in spite of the zeitgeist
Last night they tested the UFC stage lighting at the White House. Check it out.
The Peopleโs House is looking more like a Six Flags amusement park after dark. Itโs embarrassing.
Last night they tested the UFC stage lighting at the White House. Check it out.
The Peopleโs House is looking more like a Six Flags amusement park after dark. Itโs embarrassing.